Housing starts in Canada rose 23.1 percent over a month earlier to 282,428 units in January 2021, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts jumped by 27.7 percent to 266,877 units, as multiple urban starts increased by 24.1 percent to 193,328 units while single-detached urban starts climbed by 38.1 percent to 73,549 units. Rural starts were estimated at a seasonally adjusted annual rate of 15,551 units. source: Canada Mortgage And Housing Corporation
Housing Starts in Canada averaged 187.09 Thousand units from 1977 until 2021, reaching an all time high of 291.60 Thousand units in March of 1978 and a record low of 90.70 Thousand units in August of 1982. This page provides the latest reported value for - Canada Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Housing Starts - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Housing Starts in Canada is expected to be 213.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in Canada to stand at 213.00 in 12 months time. In the long-term, the Canada Housing Starts is projected to trend around 216.00 Thousand units in 2022, according to our econometric models.